A market report on September 29, 2026, reported by Investing.com, revealed that Chinese state-owned liquefied natural gas (LNG) importers are conducting discussions to secure alternative supplies bypassing the Persian Gulf and the Strait of Hormuz.
Shipping data from Kpler indicated that Chinese LNG imports for September 2026 reached 5.3 million tons, an 8% decline compared to levels recorded in September 2025. Concurrently, broader Asian LNG inflows dropped to their lowest levels in eight years, totaling 20.09 million tons for the month.
Spot market prices increased from over $20 per mmBtu in August to $26 per mmBtu in early September due to regional Middle East shipping disruptions. While Chinese energy firms are not seeking to cancel existing long-term binding purchase contracts with Qatar, they are aiming to cap further exposure to Gulf transit routes.
Sources
- Investing.com · 2026-09-29



